wholesale parts sales potential - toyota parts and service hub · 2021. 1. 30. · 2 psx or psx...
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PROGRAM OVERVIEW COST & ENROLLMENT INFORMATION
WHOLESALE SUPPORT PROGRAM RESOURCES CONTACT INFORMATION
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Unleash Your Wholesale Parts
Sales Potential
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Your Toyota Wholesale Parts sales potential is great, provided you have the tools and support to help drive your success. The STAR Elite program delivers exactly that, with powerful resources and incentives to help increase your wholesale parts sales.
As a STAR Elite Dealer, you’ll receive these exclusive benefits and support tools:
Reduced rate on Toyota Mechanical Parts Program (TMPP) powered by RepairLink® 1
Wholesale Sales Incentive Program (WSIP), based upon annual year-over-year Toyota Genuine wholesale net parts sales increases as measured by PSX2
Parts Sales Xcellerator (PSX) tool, with PSX Advanced option STAR Wholesale Market Analysis (SWMA), a customized analysis that
maps customers in your market area Technical Information System (TIS) one-year complimentary
subscriptions for eight of your best customers Reduced rate on OPS Technology Suite, a powerful management tool
that helps streamline Collision Parts procurement, competitive pricing, and delivery
Value-priced at only $2,500 per year, STAR Elite delivers over $15,000 in dealership benefits, plus increased parts sales and unlimited sales incentive potential.3
Renewal is automatic for current STAR Elite dealers. The program period runs January through December.
1 Setup and monthly fees apply2 PSX or PSX Advanced enrollment required for Wholesale Sales Incentive Program participation3 Value based upon full program participation, including TMPP and OPS options at Non-STAR Elite rates
STAR Elite Program Overview
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For over twenty years, Toyota’s STAR Elite Program has provided state-of-the-art tools and support that you need to help boost your wholesale parts sales in an ever-changing industry. Our dedication to supporting your wholesale parts business is only surpassed by our appreciation of your efforts to pursue your opportunities.
Our goal is to provide you the industry’s best tools and support at an exceptional value.
With STAR Elite, you can benefit from:
Streamlined Dealer Operations Amplified Customer Support Innovative Reporting Tools Powerful Incentives
STAR ELITE WHOLESALE PROGRAM Enjoy exclusive pricing for the Toyota Mechanical Parts Program (TMPP) powered by RepairLink, the industry’s most comprehensive OE mechanical parts fulfillment solution.
Rev up your wholesale parts sales while earning more to invest in your business! Toyota’s Wholesale Sales Incentive Program (WSIP) provides incentives based upon annual year-over-year increases in Toyota Genuine wholesale net parts sales as measured by PSX.
Join STAR Elite today to tap into its advanced tools and incentives.
Wholesale Support Every Step of the Way
“Successful STAR Elite dealers are now tracking to earn up to sixteen
times the program cost.” —STAR Elite Program Administration TMNA
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PROGRAM COSTFor an annual price of $2,500, the STAR Elite Program delivers over $15,000 in dealership benefits, plus added value from the new Wholesale Sales Incentive Program (WSIP), not to mention increased parts sales potential.
HOW TO ENROLLTake advantage of STAR Elite’s exceptional benefits and unleash your wholesale profit potential today!
PROGRAM PERIOD RUNS JANUARY through DECEMBER.
CURRENT STAR ELITE PROGRAM SUBSCRIBERS: Re-enrollment is not required for continued program participation if you are already enrolled.
NEW STAR ELITE PROGRAM SUBSCRIBERS: If you’ve never participated in the STAR Elite Program, visit toyotapartsandservicehub.com to enroll. You’ll then receive an email from the TMNA STAR Elite program Admin, which will include additional details.
Questions? Email [email protected].
Cost & Enrollment Information
ENROLL BEFORE DECEMBER 31,
AND START ENJOYING EXCEPTIONAL
BENEFITS IN THE NEW YEAR.
PROGRAM ELEMENT
STAR Elite ProgramTMPPWSIP (powered by PSX)PSXPSX AdvancedSWMATIS Accounts (up to 8)OPS
ONE-TIME SETUP
N/A$199N/AN/AN/AN/AN/AN/A
NON-STAR ELITE COST
N/A$349/moN/AN/A$4,200/yearN/A$3,840$9,588/year
STAR ELITE COST
$2,500/year$239/moIncludedIncluded*Included*IncludedIncluded$3,600/year
* Free as long as dealer remains an active PSX user as determined by TMNA.
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Toyota Mechanical Parts Program (TMPP) Powered by RepairLink® ENROLL NOW
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TMPP powered by RepairLink® incorporates Toyota-sponsored competitive discounts with the industry’s most used web-based OE mechanical parts fulfillment solution. This powerful platform is designed to streamline the mechanical parts ordering process between independent repair facilities (IRFs) and dealers.
FEATURES Enables IRFs to place dealer parts orders 24/7 Integrates with Shop Management Systems Provides VIN filtering and illustrations like those in the EPC
Offers tools to help protect dealer gross profit and communicate market-specific promotions
Allows your wholesale customers to receive Toyota-sponsored competitive discounts on select parts
Automatically posts reimbursements to the dealer’s Monthly Parts Statement
Includes comprehensive training, best practices consultation, and excellent customer support
ADVANTAGES The only platform offering Toyota-sponsored discounts on Toyota Genuine Mechanical Parts for a dealer’s IRF customers
Minimizes time spent on the phone and helps reduce the need to fax illustrations
Saves time with increased efficiency Enhances relationships with wholesale customers
Helps increase wholesale parts sales Helps to improve dealership off-the-shelf fill rate for their own service shop
COST One-time setup fee for new
RepairLink dealer Non-STAR Elite Dealer monthly cost DISCOUNTED STAR Elite Dealer
monthly cost
$199 $349
$239
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Toyota Wholesale Sales Incentive Program - Powered by PSX ENROLL NOW
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Powered by PSX, WSIP is an exclusive benefit to STAR Elite Dealers that provides dollar rewards based upon your annual year-over-year Toyota Genuine wholesale net parts growth. The only eligibility requirement is PSX, which is included in your STAR Elite benefits.
FEATURES Automatically gathers dealer parts sales data and determines YOY sales growth
Calculates rewards based upon percentage of sales growth
Presents progress on PSX dashboard Posts Annual YOY incentive payout to Dealer Parts Statement at quarterly intervals
INCENTIVE CATEGORIES* 5.0 to <10% YOY Growth: Incentive is 0.50% times incremental increase in Dealer wholesale parts sales
10.0 to <15% YOY Growth: Incentive is 0.875% times incremental increase in Dealer wholesale parts sales
15.0%+ YOY Growth: Incentive is 1.25% times incremental increase in Dealer wholesale parts sales
EXAMPLE PAYOUT STRUCTUREANNUAL PROGRAM WITH QUARTERLY PAYOUTS
ADVANTAGES Rewards you for growing your wholesale parts business
Provides flexible earnings that may be used for your preferred wholesale parts marketing efforts
The more you grow, the more you earn!
Q1 2018
$500,000$500,000$500,000
Q1 2019
$540,000$560,000$590,000
Q/Q GROWTH $
$40,000$60,000$90,000
% GROWTH
8.000%12.000%18.000%
INCENTIVE
$200.00$525.00
$1,125.00
Quarterly Wholesale Sales Incentive Program earnings
VALUE Non-STAR Elite Dealer Not Available STAR Elite Dealer exclusive INCLUDED
– Provides dollar rewards upon dealer annual year-over-year Toyota Genuine wholesale net parts sales.
– PSX or PSX Advanced is REQUIRED. – PSX or PSX Advanced included
in the STAR Elite program at NO ADDITIONAL CHARGE.
* Please note that PSX or PSX Advanced enrollment is required for participation in Toyota’s WSIP.
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Parts Sales Xcellerator (PSX), the industry’s smartest wholesale parts sales analytics tool, now offers Toyota dealers two implementation options: PSX and PSX Advanced.
FEATURESPSX Provides dealers who do not need the advanced version of PSX analytics a way to participate in the Wholesale Sales Incentive Program (WSIP)
Enables automatic sharing of wholesale parts sales data with TMS
Integrates with virtually any DMS
PSX Advanced Robust dashboard provides valuable data about a dealer’s wholesale parts operations
Provides a suite of standard and customizable analytical tools and reports
Identifies top performers as well as opportunity areas
Sends automated alerts on customer trends and purchase behavior
Tracks customer activity, including communications and sales
Downloads reports in either PDF or MS Excel Integrates with virtually any DMS
Both PSX programs are included in the STAR Elite fee as long as dealer remains an active PSX user as determined by TMS.
ADVANTAGESPSX Automatic data acquisition requires no daily action from dealer
Enables participation in Toyota’s WSIP, powered by PSX, which rewards annual year-over-year Toyota Genuine wholesale net parts sales
PSX Advanced Provides critical data to allow fact-based decision making
Enables easy sales analysis through key metrics reporting and data mining
Enables participation in Toyota’s Wholesale Sales Incentive Program (WSIP), which rewards annual year-over-year Toyota Genuine wholesale net parts sales
Encourages Toyota Genuine Parts wholesale net sales growth with visible key metrics
COST PSX/PSX Advanced is included in STAR Elite*
Non-STAR Elite Dealer cost $4,200
* If dealer remains an active PSX user (as determined by TMNA).
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COST TIS account annual cost* $3,840 STAR Elite cost INCLUDED
* (Cost for eight annual subscriptions)
STAR Wholesale Market Analysis (SWMA)Available exclusively to STAR Elite Dealers, SWMA is a detailed reporting tool that measures your dealership’s specific wholesale market opportunity. The Market Analysis puts a customized assessment of your local market right at your fingertips.
FEATURESDashboard presenting mechanical and collision IRFs in dealer’s market area with four main reporting sections: Wholesale Parts Market Analysis
Summary: Provides a snapshot of IRFs, as well as Vehicles in Operation (UIO) by Year and Model
IRF Map: Displays a visual overview of IRFs relative to dealer location
IRF List: Shows a list of IRFs in market area and downloads to Excel
Wholesale Parts Market Analysis: Provides detailed information on market potential, revenue opportunity, and Toyota UIO
ADVANTAGES Helps dealers identify best prospects and turn them into profitable accounts
Identifies market opportunities and revenue potential
Provides perspective on age of vehicles in market area, allowing better assessment of parts inventory and technical repair needs
Toyota Technical Information System (TIS) As a STAR Elite Dealer, you can provide your IRF customers with complementary access to the Toyota Technical Information System (TIS).FEATURES STAR Elite dealers can give 8 of their top wholesale customers or prospects a complimentary 1-year subscription to TIS
Provides IRF customers access to the most up-to-date technical information on 1990 and newer model Toyota, Scion, and Lexus vehicles marketed in the U.S.
– Service Bulletins – Repair Manuals – Wiring Diagrams – Technical Training
Includes link to safety recall and service campaign VIN lookup tool
ADVANTAGES Helps build positive relationships with IRF customers
Provides vital information IRFs need to effectively service Toyota products
Helps improve Toyota owner satisfaction by ensuring proper repair of vehicles, ultimately increasing Toyota brand retention
Provides a valuable “door opener” to help you conquest a new IRF prospect
ADDED VALUE Non-STAR Elite Dealer Not Available STAR Elite Dealer exclusive INCLUDED
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OPS TECHNOLOGY SUITEThe OPS technology suite covers the entire spectrum of the parts procurement & logistics process, tackling three key areas of concern facing the collision parts industry: parts procurement, competitive pricing, and parts delivery.
Parts Procurement
Receive, answer, and manage orders electronically. Open tracking for your salesman to view your deliveries as they are being made in real-time.
Conquest Solution Increase OEM market share through interactive advertising at the time of purchase.
Logistics Management
Ensure exact accuracy in the pulling, staging, and transport of automotive parts, from the warehouse to your customer.
Instant Notifications Parts order updates and delivery estimations delivered to your customers. Advertise special discounts on collision parts.
Driver Mobile App Track and confirm every delivery in real-time. Capture signatures upon delivery and document CODs and discrepancies.
Returns / Credits Solution Track and manage returns from shops back to the dealer. Credits delivered in real-time.
COST Non-STAR Elite Dealer annual cost $9,588/year DISCOUNTED STAR Elite Dealer
annual cost $3,600/year
ADVANTAGES Allows IRF to make a fact-based decision to buy Toyota Genuine Parts before they buy elsewhere
Improves ordering, management, and delivery of Toyota Genuine Parts
Streamlines the parts ordering process Supports competitive pricing initiatives Improves communication with wholesale customers
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TMNA – 6565 Headquarters Dr.,Mail Stop E1-4D, Plano, TX 75024 toyotapartsandservicehub.com [email protected]
STAR ELITE PROGRAM Reporting/Sales Analytics
PSX Summit Consulting, Inc. [email protected] 303-683-6105 ext 2
Pricing Support (Matching) OPS Overall Parts Solutions opstrax.com 877-USE-TRAX
Price Discount Mechanical Program TMPP powered by RepairLink go.oeconnection.com/toyota
mechanicalpartsprogramenroll [email protected]
Toyota’s Technical Information System TIS Toyota techinfo.toyota.com [email protected] TMNA: 877-DL-DAILY GST: 800-933-3416 SET: 800-982-6057
Market Analysis SWMA Toyota tle.leo.toyota.com [email protected]
Contact Information